How this annual vehicle ownership cost calculator works
Annual non-fuel costs are added to annual fuel cost, which equals miles ÷ MPG × fuel price. The total is also divided by annual miles for a per-mile estimate.
How to use it
- Annual depreciation. Enter the value in $.
- Annual insurance. Enter the value in $.
- Registration/taxes. Enter the value in $.
- Maintenance/tires. Enter the value in $.
- Annual miles. Enter the value in miles.
- Fuel economy. Enter the value in MPG.
- Request the result. Add your email, then select “Email & show my result.”
What to do with the number
Loan interest, parking and tolls are excluded unless you add them to one of the cost fields. Run the calculator before and after a major vehicle change to compare the full ownership impact rather than only the payment.
Planning estimate
Use this result as a starting point, not a guarantee. Product specifications, site conditions, manufacturer guidance, local codes, taxes, labor, tolerances, and rounding can change the real requirement or cost.